SAND Could Develop a Downtrend - Cryptoz18❶ Warning
Operations in the Blockchain or FX market represent a high risk. Cryptoz18 is a content creator who posts his ideas for viewers however he never provides an investment recommendation. I recommend to the reader a good risk management and knowledge regarding the environment. Thank you very much.
❷ Tutorials
➤ Here you can find a brief explanation of how the operations work in case you are interested in following them.
➤ Here you can find an explanation of how to track our ideas:
✔️ Our operations are taken with StopLoss and Take Profit of 15 minutes. However, we are looking to try and catch a 4H trend. So, once we touch the TPM according to your own analysis you should consider whether to close the trade or move StopLoss to entry.
❸ Summary
First I have to open my trades on Binance, if not then I don't have time. Sadly it took me a long time and a lot of the movement just happened, if it doesn't go back to that entry consider changing the setup settings.
❹ Operational Information
• Entry price: 1.3557
• StopLoss: 1.3888 (Loss 2.44%)
• TakeProfit Minimum: 1.3222 (Win 2.47%)
• Recommended margin: 5% of the Futures account
• Recommended leverage: 1x.
• Temporality: 15Min - 4H
SANDUSDT trade ideas
SANDUSDT | INVERSE HnS PATTERNSANDUSDT has printed inverse Head n Shoulder Pattern on 4H timeframe. Currently the right shoulder is in making, we will be monitoring it for a breakout above the neckline. The target for the upside is 1.70
Failure to break the neckline, the pattern become invalid and may further fall.
Trade your levels accordingly.
SANDUSDT Coin Reviewhello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
- There is a possibility that against the backdrop of Bitcoin correction, SAND will be able to test the ascending channel support zone again with a subsequent rebound.
Write your comments and put likes
Sand - Short after riseReasons to take short:
⭐️ BTC rose a lot, pullback is needed
⭐️ Slowly squeezing to the level
⭐️ Impulse is too sharp
⭐️ No power to update local high
⭐️ Volume left the coin
⭐️ Under VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
SANDUSDT 1h Retest TradingWe always have to trade on grounds.
There are two points of view from the current position: retesting and descending in the sky blue upward trend line and retesting and descending in the red downward trend line.
The upward view is to test the sky blue upward trend after breaking through the red downward trend.
We can implement a response strategy at the test point.
SANDUSDT BAT FORMATIONBat
The Bat Pattern is a 5-point retracement structure that was discovered by Scott Carney in 2001. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg must be less than a 0.618, preferably a 0.50 or 0.382 and the PRZ consists of 3 converging harmonic levels: 1) 0.886 retracement of the primary XA leg, 2) extended AB=CD pattern, usually 1.27 AB=CD and 3) minimum BC projection is 1.618.
The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. A common stop level would be behind the X-point. Conservative traders may look for additional confirmation. Bat Patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool that allows users to visually identify 5-point reversal structures on a chart.
SANDBOX ⌛🦜 - Time to BUY 🏴☠️☠No tears , No fear, No FUD...
Just chart:
SANDBOX on support and an entry for LONG position here.
As explained BTC will most likely rise this week despite the Rate Hikes and GDP:
Am i sure? No I am not, that's the beauty of trading.
Buy on support, change direction under it.
Support is now.
One Love,
the FXPROFESSOR
SAND, downtrend.The following are machine translations:
In the 4-hour chart, there is a strong resistance near 1.5. On July 20, it again tested 1.5 and fell back, forming a downward trend line and falling, and there is still room for decline.
The indicator macd rejected the golden cross, continued downward, bearish trend. The RSI indicator retreated from resistance near neutral 50, returning to bearish territory.
Summary: The pattern trend is bearish, the indicator is bearish, the upper resistance is near the downtrend line, the operation should be high, and the uptrend line is empty, and the target is the lower support near 1.1.
🔥 SAND Continued Bull Move: Reversal PlayA few weeks ago I made an analysis on SAND and the reversal move I was playing. With both targets reached, the signal was a great success, congratulations if you took the trade.
Albeit SAND's momentum has died a little, I think we're about to see more bullish volatility as long as BTC manages to stay above $23k.
New targets at recent points of inflection.
SAND/USDT - Potential Short ScenarioHello Traders!
The SAND price is moving within the descending trend. At the moment, the price is testing the lower boundary of the resistance zone - the level of $1.41. It can be assumed that the purpose of the current price rebound within the framework of the downtrend will be a partial or complete collection of liquidity in the resistance zone of $1.41 - $2.00.
Based on the analysis of senior timeframes it is possible to assume that after liquidity gathering downward pricing on the asset will continue.
It is interesting to connect to medium-term purchases in a range of $0.33 - $0.55
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
💡Don't miss the great buy opportunity in SANDUSDT
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.2727).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SANDUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 1.4933
TP2= @ 1.6526
TP3= @ 1.9128
TP4= @ 2.0639
TP5= @ 2.3082
SL= Break below S2
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💡Don't miss the great buy opportunity in SANDUSDT
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.2727).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. SANDUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 1.4933
TP2= @ 1.6526
TP3= @ 1.9128
TP4= @ 2.0639
TP5= @ 2.3082
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️